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Using a representative sample of the German adult population, this paper investigates the extent to which a survey measure of present bias predicts present-biased choice behavior in incentive-compatible experiments and real-world outcomes related to investments in financial assets and human capital. The results are threefold. First, the survey and experimental measures of present bias are significantly ...
In:
Economics Bulletin
37 (2017), 3, 2162-2172
| Pia R. Pinger
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Contradictory positions have been advanced as to whether retirement has negative, positive, or no effects on subjective well-being. The authors investigated changes in life satisfaction in 1,456 German retirees. Using latent growth mixture modeling, the authors found 3 groups of people who experienced retirement differently. In Group 1, satisfaction declined at retirement but continued on a stable ...
In:
Psychology and Aging
22 (2007), 3, 442-455
| Martin Pinquart, Ines Schindler
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This study analyzes patterns of change in leisure satisfaction in the transition to retirement in 1,456 German retirees. Using latent growth mixture modeling, three patterns are identified. The largest subgroup shows a linear increase in leisure satisfaction during the four years prior to retirement and in the first months of retirement, followed by stability thereafter. Two smaller groups show no ...
In:
Leisure Sciences
31 (2009), 4, 311-329
| Martin Pinquart, Ines Schindler
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In:
Familienpolitik und Familienstrukturen (Materialien zur Bevölkerungswissenschaft, Vol. 108)
(2002), 108, 95-108
| Karsten Hank, Michaela Kreyenfeld
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In:
Journal of Marriage and Family
65 (2003), 3, 584-596
| Karsten Hank, Michaela Kreyenfeld
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Using a field experiment in China, we study whether migration status is correlated with attitudes toward risk, ambiguity, and competitiveness. Our subjects include migrants and non-migrants. We find that, migrants exhibit no differences from non-migrants in risk and ambiguity preferences elicited using pairs of lotteries ; however, migrants are significantly more likely to enter competition in the ...
Bonn:
Institute for the Study of Labor (IZA),
2014,
(IZA DP No. 8227)
| Li Hao, Daniel Houser, Lei Mao, Marie Claire Villeval
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Aggregate data shows an inverse relationship between female employment and income inequality. This paper investigates this relationship using micro-data for seventeen OECD countries. In all countries, female earnings exert an equalising force on the distribution of income in spite of large employment gaps between high and low educated women. There are marked similarities across countries; even in Nordic ...
Luxembourg:
Luxembourg Income Study (LIS),
2010,
(Luxembourg Income Study Working Paper No. 531)
| Susan Harkness
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In:
Janet C. Gornick, Markus Jäntti ,
Income Inequality: Economic Disparities and the Middle Class in Affluent Countries
Stanford: Stanford University Press
207-233
| Susan Harkness
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In:
Empirica
17 (1990), 2, 115-129
| Robert A. Hart, Olaf Hübler
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We survey the literature on the Risk Augmented Mincer equation that seeks to estimate the compensation for uncertainty in the future wage to be earned after completing an education. There is wide empirical support for the predicted positive effect of wage variance and the negative effect of wage skew. We discuss robustness of the findings across specifications, potential bias from unobserved heterogeneity ...
Bonn:
Institute for the Study of Labor (IZA),
2009,
(IZA DP No. 4439)
| Joop Hartog